Posts corrected by X’s community-driven fact-checking characteristic will probably be “ineligible for revenue share” to stem the stream of misinformation and sensationalism, mentioned Elon Musk.
In an Oct. 29 X submit, the chief chairman mentioned deceptive or inaccurate posts “corrected” by Community Notes — manned by X’s crowdsourced fact-checkers — won’t be eligible for revenue share.
Musk mentioned the change would “maximize the incentive for accuracy over sensationalism” and claimed any tried weaponization of the characteristic could be “immediately obvious” as the info is open-source.
Making a slight change to creator monetization:
Any posts which are corrected by @CommunityNotes turn out to be ineligible for revenue share.
The concept is to maximise the motivation for accuracy over sensationalism.
— Elon Musk (@elonmusk) October 29, 2023
With little data to go on, X customers and Crypto Twitter pundits questioned points of the change.
“Does that include notes that are added for context [of] the user’s claims rather than correcting false information?” one person asked. The crypto-focused account Bitcoin Archive mentioned some notes add additional context and that not all are “refutations or corrections.”
Not all neighborhood notes are refutations or corrections.
Some simply add additional context.
— Bitcoin Archive (@BTC_Archive) October 29, 2023
Finance-focused X account Not Jerome Powell said Community Notes utilized to memes “in a funny way” or notes offering context “should be excluded.”
Related: Crypto community tells Elon Musk to dump Satoshi X account
Others, nevertheless, have been supportive of the change. “Pay attention to those who vehemently disagree with this,” wrote Dogecoin co-creator Billy Markus, including, “It’s quite literally people who make a lot of money spreading misinformation.”
X hasn’t shared the variety of accounts eligible for monetization nor who makes up its 100,000 contributors in 44 nations, in accordance with an Oct. 26 post from X CEO Linda Yaccarino.
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Additional reporting by Jesse Coghlan.
